Private Equity
The bid by Apollo Management and Texas Pacific for the Las Vegas-based casino giant could mark one of the year’s largest buyouts.
2 min read · 03 January 2013
Four private equity firms are reportedly lining up second-round bids for Whitworths, a UK dried fruit snack company acquired by Gresham Private Equity in 2001.
1 min read · 03 January 2013
A consortium including 3i and the Canada Pension Plan Investment Board has increased its offer for UK water utility AWG from £15.55 to £15.78 as banks including Merrill Lynch and Macquarie Bank show interest in the event of failure to acquire rival business Thames Water.
2 min read · 03 January 2013
The UK venture firm has closed the largest venture fund raised in Europe for the last twelve months, breaking the £100m for the second time in five years.
1 min read · 03 January 2013
Europe’s biggest buyout firm has landed its third deal of the year buying Principal Hotels from Royal Bank of Scotland just two months after missing out on De Vere, a rival chain.
1 min read · 03 January 2013
Palamon Capital Partners have secured a recommended take-private for the UK quoted card operator with 25 percent of shareholders backing the offer.
2 min read · 03 January 2013
Advent Venture Partners, a European venture capital firm, has formed a new company to acquire speciality pharmaceutical prescription products, headed by former Roche, Elan and Xenova veteran Geoff McMillan.
2 min read · 03 January 2013
Another European minister has warned of foreign investors damaging national assets.
1 min read · 03 January 2013
West Coast Capital, run by Sir Tom Hunter, has reportedly paid £15m for a 20% stake in European life science venture capital firm Merlin Biosciences.
2 min read · 03 January 2013
The ratings agency has downgraded £100m of mezzanine loans for Focus, a do-it-yourself retailer owned by Duke Street Capital and Apax Partners, over the increased possibility of a default.
2 min read · 03 January 2013
